Enya Corporation acquired 100 percent of Celtic Corporation's common stock on January 1, 20X9. Summarized balance sheet information for the two companies immediately after the combination is provided: Enya Corp. Celtic Corporation Item Book Value Fair Value Cash and Receivables 60,000 15,000 15,000 Inventory 110,000 32,000 38,000 Buildings and Equipment (net) 160,000 90,000 120,000 Investment in Celtic Stock 150,000 Total 480,000 137,000 173,000 Accounts Payable 40,000 5,000 5,000 Bonds Payable 200,000 40,000 40,000 Common Stock 100,000 40,000 Retained Earnings 140,000 52,000 Total 480,000 137,000 45,000 Based on the preceding information, the amount of differential associated with the acquisition is: Based on the information provided, the consolidated balance sheet of Enya and Celtic will reflect goodwill in the amount of: